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Scrat [10]
2 years ago
10

32. What is a predatory financial service?

Business
1 answer:
Tresset [83]2 years ago
8 0
<h2>Answer:</h2>

<h3>Predatory lending typically refers to lending practices that impose unfair,selective, or abusive loan term on borrowers.</h3>

<h2>Explanation:</h2>

<h3>Hope It's Help</h3>

<h3>#Carry On Learning</h3>

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Which function is one that pertains to the Federal Reserve System?I. conducting fiscal policy.II. examining and supervising comm
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Answer: yo mama

Explanation:

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3 years ago
What is the Urban Dictionary definition of Makenzie
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Makenzie's are so awesome, funny, athletic, sweet, kindhearted and you will always laugh whenever your around a Makenzie. Makenzies and the most coolest people in the whole world you have to know a Makenzie now.

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3 years ago
As of December 31, Year 1, Flowers Company had total assets of $220,000, total liabilities of $66,000, and common stock of $110,
liberstina [14]

Answer:

(b) After-closing balance in the Retained Earnings account on December 31, Year 1,

Total Stockholder's equity = Total assets - Total liabilities

                                            =  $220,000 - $66,000

                                            = $154,000

After-closing balance of Retained Earnings = Total Stockholder's equity - Common stock

                                                                        = $154,000 - $110,000

                                                                        = $44,000

(a) Before-closing balance in the Retained Earnings account on December 31, Year 1.

Net Income = Revenue - Expenses

                   = $40,000 -  $23,000

                   = $17,000

Before-closing balance of Retained Earnings:

= After-closing balance of Retained Earnings + Dividend paid - Net Income

= $44,000 + $3,200 - $17,000

= $30,200

(c) Before-closing balances in the following accounts:

Revenue = $40,000

Expenses = $23,000

Dividend = $3,200

(d) After-closing balances in the following accounts:

Revenue = $0

Expenses = $0

Dividend = $0

Because revenue and expenses are transferred to income statement and dividend are transferred to retained earnings.

6 0
3 years ago
The country of Leverett is a small open economy. Use the information provided below to answer the following questions about nati
oee [108]

Answer:

Explanation:

When Leverett's exports became less popular, its savings, Y-C-G does not change. Reason being that, it is assumed that Y depends on the amount of capital and labour, consumption depends only on disposable income and government spending is a fixed extrinsic variable.

Since investment depends on interest rate, and Leverett is a small open economy that takes the interest rate as given, thus investment also does not change . Neither does net export change (This is shown by the S-I curve in the attachment).

The decreased popularity of Leverett's exports leads to an inward shift of the net export curve inward. At the new equilibrium,net exports remains unchanged, though the currency has depreciated.

Leverett's trade balance remained the same, despite the fact that its exports are less popular, this is due to the fact that  the depreciated currency provides a stimulus to net exports which overcomes the unpopularity of its exports by making them cheaper.

b. Leverett's currency now buys less foreign currency, thus traveling abroad  becomes more expensive. This is an instance showing that imports (including foreign travel) have become more expensive- as required to keep net exports unchanged in the case of decreased demand for exports.  

8 0
3 years ago
Read 2 more answers
TRADE OFFER<br> I receive laugh you receive points
AlekseyPX
Pardon me but how about…yes?

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2 years ago
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